AVIG vs GBND
Avantis Core Fixed Income ETF vs Goldman Sachs Core Bond ETF
Which is better, AVIG or GBND?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. GBND led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVIG | GBND |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.25% |
| AUM | $2.0B | $601M |
| Dividend Yield | 4.54% | 4.01% |
| Holdings | 1,720 | 747 |
| YTD Return | -3.03% | -2.40%Best |
| 1Y Return | -2.70% | -2.18%Best |
| 3Y Return (annualized) | +4.63% | - |
| 5Y Return (annualized) | -0.64% | - |
| Volatility (annualized) | 4.0%Tie | 4.0%Tie |
| Max Drawdown | -5.2% | -4.9%Best |
| $10,000 over 1.3 years | $10,040 | $10,090Best |
| Fund Family | Avantis Investors | Goldman Sachs Asset Management |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Jun 24, 2025 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
AVIG vs GBND growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
AVIG vs GBND Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and Goldman Sachs Core Bond ETF (GBND) is an ETF from Goldman Sachs Asset Management. Over the past year AVIG returned -2.70% while GBND returned -2.18%. Year to date, AVIG is down 3.03% versus a loss of 2.40% for GBND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG and GBND have been equally volatile, both at 4.0% annualized.
The deepest peak-to-trough decline in our data was -5.2% for AVIG and -4.9% for GBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while GBND charges 0.25%. On a $10,000 position that is $15 vs $25 annually, a gap of $10 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 4.01% for GBND.
Holdings Overlap
At least 5.5% of AVIG's money is in holdings GBND also owns.
Stated as a floor: for GBND, our book for it covers 52.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
AVIG and GBND share little of their money.
32 positions in common, counted across the 739 positions we hold weights for in AVIG and 480 in GBND, against full books of 1,720 and 747.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in GBND | Difference |
|---|---|---|---|
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | 1.33% | 0.79% | 0.54% |
| FNCL 4.5 10/11Fannie Mae Or Freddie Mac Tba 4.50% Due 04/01/2056 | 0.93% | 1.04% | 0.11% |
| FNCL 5 10/11Fncl 5 10/26 | 1.20% | 0.61% | 0.59% |
| C V2.561 05/01/32Citigroup Inc | 0.03% | 0.25% | 0.22% |
| CI 4.8 08/15/38Cigna Corp. | 0.25% | 0.02% | 0.23% |
| MTB V6.082 03/13/32M&T Bank Corporat V/R 03/13/32 | 0.05% | 0.20% | 0.15% |
| BRITEL 9.625 12/15/3British Telecommunications Plc 8.625% 12/15/2030 | 0.04% | 0.19% | 0.15% |
| MARS 5 03/01/32 144AMars Inc 5 3/1/2032 5.00 2032-03-01 | 0.12% | 0.05% | 0.07% |
| UBER 4.8 09/15/34Uber Technologie 4.8% 09/15/34 | 0.14% | 0.01% | 0.13% |
| RY 5 02/01/33 GMTNRoyal Bk Canada 5 02/01/2033 | 0.12% | 0.03% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of AVIG and GBND you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIG or GBND?
AVIG has an expense ratio of 0.15% while GBND charges 0.25%. AVIG is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, AVIG or GBND?
Over the past year AVIG returned -2.70% vs -2.18% for GBND, so GBND leads on 1-year performance. Over the longest common window we track (1 years), AVIG annualized +0.31% vs +0.69% for GBND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or GBND?
AVIG and GBND have been equally volatile, both at 4.0% annualized. Worst drawdown: AVIG -5.2% vs GBND -4.9%.
Should I hold both AVIG and GBND?
AVIG and GBND have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVIG and GBND?
At least 5.5% of AVIG's money is in holdings GBND also owns. Our book for GBND is partial, so the real figure is this or higher. They hold 32 positions in common, counted across the 739 positions we hold weights for in AVIG and 480 in GBND.
Which pays a higher dividend, AVIG or GBND?
AVIG yields 4.54% while GBND yields 4.01%, so AVIG currently pays the higher dividend yield.
Is GBND better than AVIG?
AVIG has a lower expense ratio. GBND led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.